You purchase five municipal bonds on the first of the year. The current market value price is 101(1)/(4). The commission charge is $8 per bond. What is the cost of purchasing these bonds? a.$5546.25 b.

asked Jan 14, 2022 166k views

15 votes

You purchase five municipal bonds on the first of the year. The current market value price is
101(1)/(4)

. The commission charge is $8 per bond. What is the cost of purchasing these bonds?

a.$5546.25
b.$5102.50
c.$5062.50
d.$546.25

by Mikko

4.6k points

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10 votes

Answer:

its b.

Explanation:

Juan Diego answered Jan 14, 2022

5.9k points

5 votes

Answer:

B $5102.50

Explanation:

answer on edge :)

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